PHOENIX, ARIZ. (Dec. 21, 2020) – NAI Horizon Senior Vice President Denise Nunez and Associate Victoria Filice represented the buyer in an investment land sale in Tucson, Arizona.
The NAI Horizon Self Storage Group represented the buyer, Vault at Houghton Road LLC, in the $690,000 purchase of 10.4 acres of land at the SEC of Golf Links and Houghton roads in Tucson.
“The Tucson market is well poised for significant growth over the next few years. The Nunez Self Storage Group identified this parcel as an ideal site for a mix of self-storage and Covered RV Storage.” Nunez said. “The site is adjacent to a Walmart and QuikTrip Convenience Center with a Northwest Healthcare Hospital scheduled to open in 2021 bringing 600 new jobs to the market area.”
The buyer plans to develop the site to include a fast-food drive-through, retail space and approximately 75,000 NRSF of self-storage with 192 covered parking spaces.
Nunez specializes in self-storage, offering localized expertise in Arizona and national representation working with NAI offices throughout the U.S.
The seller, Tucson Electric Power Company, was represented by Brandon Rogers and Molly Gilbert of PICOR Commercial in Tucson.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to 375+ offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
Advisory Services, Leasing, Property Management, Property & Note Sales and Tenant Representation
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit: www.naiglobal.com.